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rogers5729

12/13/21 10:45 AM

#426212 RE: Sir Pumpernickel #426210

Well, you're not legally prevented from buying back in, but you sure as heck can't claim that capital loss on your taxes. That's called fraud.
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CaptainObvious

12/13/21 10:57 AM

#426226 RE: Sir Pumpernickel #426210

Nope. That's a wash sale. Should have waited 31 days.
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FeMike

12/13/21 11:04 AM

#426233 RE: Sir Pumpernickel #426210

This is literally the definition of a wash sale and the reason the rule is in place.

If you claim this loss on your tax return, it is absolutely illegal.

Seriously, stop posting about this. You are wrong, and you are actually committing tax fraud and admitting to it on a public forum.